At yesterday's Academic Senate meeting Carol Christ's plans and rationale for moving the stadium debt off the athletic department's books were announced: http://www.mercurynews.com/2017/11/02/big-relief-cal-to-move-a-portion-of-stadium-debt-off-athletic-departments-books/

This was posted yesterday here.

https://bearinsider.com/forums/2/topics/76676

ooops! Thanks. Sometimes its hard to see if someone already posted a story - I checked but did not see it. I work on campus and already know some of this stuff, but I thought it was nice to see it written up in an accurate news story that also indicated a commitment to avoid cutting sports.